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20121204
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
with you. remember we had $5.6 trillion surplus in 2001 from the clinton administration. here is reasonable proposal. melissa: you say we'll put a trillion dollars into the treasury over 10-year period? that doesn't even cover the increases in spending? >> but, we're not finished. first of all we've already seen as of august, july, a trillion dollars in spending cuts. but more importantly, we're at 50-year low in non-defense discretionary spending. the government is not spending. it is just we're a larger nation, one of the largest nations in the world. so we've got to get an understanding that america is a country that is not going to go back to the 1950s. we're always going to be searching and growing to make this country better and have a balanced economy. so what do we do? we start, melissa, because over the last decade previous to president obama, we have spent like, we are running water. two wars and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too much. this plan doesn't basically reform entitlement spending. we don't get our spending, with a
will be held accountable. >> secretary of state hillary clinton echoed obama's words. she says the use of chemical weapons is a red line for the u.s. she warned her country would certainly plan to take action should that happen. foreign ministry spokespersons in syria have responded to clinton and obama. they say even if such weapons were available the assad administration would not use them under any circumstances against the syrian people. >>> aid workers from the united nations and the european union continue to provide humanitarian services even after u.n. cease-fire monitors withdrew from syria in august. now officials have decided to withdraw their remaining personnel. they say it's just too dangerous. >> the united nations and syria will pull out non-essential international personnel with immediate effect. >> nesirky said any u.n. personnel who stay behind will be restricted to the capital damascus. eu sources said their ambassador and two other diplomats would be recalled. they say about ten syrian employees will take over information gathering and liaison activities. reuters s
of to clinton era tax rates and the reagan tax rates -- why don't we just go back to the old way of doing things -- >> stephanie: exactly. >> caller: because the rich -- we had billionaires with all of those taxes -- >> stephanie: that's right. absolutely. charlie cristenson said that this morning. the fact that there is all this hysteria over oh no we might have to go to the low 30s percent range. [ screaming ] [♪ "world news tonight" theme ♪] >> stephanie: all right. chris there is a lot of discussion tab who is flabbergasting who? >> yeah. >> stephanie: republicans are working to quiet rumblings, and may have a newly reported doomsday plan. give a little keep a lot. avoid blame for the fiscal cliff. good luck. the bill would go to the floor, the republicans would vote present, allowing democratic votes to carry it to passage, the bill would be send to the white house and then put into law. obama has been unequivocal over the fact that the top earners tax rate must return to the clinton era. he can introduce a tax plan that will accomplish all of his revenue
. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill tha
, that's something that will -- >> howard goes on and on. clinton tax rates on everybody. will it cause a problem? yeah, short recession, but we get defense cuts which republicans would never agree to otherwise, there are human service cut which is we won't like, but the least possible damage. and it's a serious down payment on the deficit. the wall street people ringing their hands are really full of it. i'm not sure what. but full of something because they're going to see a big drop on wall street but it will come roaring back because somebody has done something. so you have him and all their friends and the right and all their friends and the president who i don't think if he can ever get out of campaign mode. it's a full on campaign again. putting one party into -- >> you're right, the amt will hit more people in the middle class and raise their effective tax rate to a higher rate than they were today. and you won't -- >> you have obamacare 4% on everyone, too. >> if you lieu numerically, it doesn't make sense if one side says we're not going to race taxes on the middle class -- >>
clinton says this afternoon that these u.s. warnings about the potential use of chemical weapons against the syrian people are being conveyed to the regime of president bah shark al assad both publicly and privately. western intelligence agencies over the last week have detected suspicious movements of chemical weapons components at selected sites inside syria. the regime is thought to be growing more desperate as fighting in and around the capital city, damascus, at the same time has intensified. today brings word of a high school teacher and 29 students being killed in a mortar incident at a school there. meantime, nato officials say once the parliaments in germany and the netherlands -- which is expected -- it'll be only a matter of weeks until missile systems are installed along turkey's border with syria so as to guard against possible reprisals for the country's staunch support of the syrian rebels. >> we know that syria possesses missiles, we know they have the chemical weapons, and, of course, that also have to be included in our calculations. and this is also the reason why it i
to work, does it? but in the clinton era when the rates went up, the 39.6 from 35 , they paid a little bit more and, guess what, the income boomed. we had 3.8% unploimed. we balanced the budget -- we had 3.8% unemployment. we balanced the budget. they opposed the tax increases in 4-. they said a disaster would result. not a single republican voted for the increases in taxes that president clinton put forward, which ultimately led to a balanced budget and paying down debt for the first time in 50 years. not one of them because they said it would bring economic disaster and instead is brought prosperity. so they brought out that old broken record, they glued it back together. maybe they put it on the -- put it in a digital format or something. but they're playing it again. it's as valid now as it was then. so it's the same old plan, stick it to the middle class, stick it to the seniors and benefit the ultrawealthy in this country. that's not a new plan. that's the same old broken record. the speaker pro tempore: the chair recognizes the gentleman from texas, mr. poe, for five minutes. mr. po
clinton and state counselors have been engaging for some time, and that is can we get a better answer than we have had in the past two how a new rise in power comes to the international system. and can we do so without running significant risks or indeed fall into conflict. >> thanks. please. >> i agree with everything the undersecretary has said your, and, in fact, admiral sam locklear underscore those pushes a couple days ago in australia. talking about engagement and that strategic trust. but it's interesting that the chinese tend to look at the american, ma asia pacific give it a sort of a continuing strategy. which speaks to the inability to really communicate with strategic effect. and i think you touched, steve, on a very important piece which was a seniority complex and if i can put it that way. china has felt that they were abused by major powers to the 19th century and well into the 20 century, and that has an interesting counterbalance, which is a seemed a bit of a superiority complex about the solutions that they are building on how china images as a global power. the disconten
representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said earlier on -- >> gue
. >> mark zandi said returning to clinton-era tax rates would hurt the economy but is necessary to get the deficit under control. his comments came at a forum and also bush administration lawrence lindsay and clinton white house chief of staff. >> thank you so much and thank you chairman bachus for turning us and turn it over to peter cook who will moderate our tax panel on tax reform. >> i got a feeling you have to head back to the hill. we hope to come up with some answers and ideas from this panel. we have -- we'll write them down. i'll hand them to your staffer. you hear the mission. we have to come up with some ideas that can pass congress and meet with everyone's approval, so no small task. there are some new faces at the table and again, we want to welcome all of you and go around the table and introduce at least our new faces. we have got the brookings institution who has done a lot on fiscal issues. we have the lindsay group, former economic adviser to president bush. welcome. we have the chairman for the center of american progress. former chief of staff of bill clinton. john
observer state. the u.s. opposed that vote. on friday secretary of state hillary clinton criticized the israeli construction plan as well saying it will set back the cause of the negotiated peace. today state department spokesman mark toner echoed clinton's warning. >> we consider these kinds of actions, these kinds of unilateral decisions to be counterproductive and make it harder to resume direct negotiations. >> suarez: israeli settlers dismissed the outside criticism. instead they said there should be no stopping the construction for any reason. >> this announcement is actually called for. the big question is why do we need to do these things as a reaction to something? if we believe in our ability, in our need to build and expand the land of israel then that's what we should do regardless of what the other side is doing. >> suarez: an israeli government planning meeting on the new settlement is expected later this week. actual construction could still be months or even years away. for more on what the possible construction ofhis settlement could mean for the stalled peace proce
the tragedy. a red line on syria. secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't
are joined to analyze the tragedy. a red line on syria. secretary of state clinton talking tough as violence rages. what is the preside thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to me last year, saving an average of $475. yeah, i'm ki of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want mnumber, don't you? call-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack rightere. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get great service. a-down the hizz-atch. [slurp!
. the converse happened when president clinton lowered the capital-gains tax rate from 28 to 20%. we had doubling of income. the government did from capital gains. so it works on both sides. if investment capital begins to dry up. more tend to get less of it. where swill it go. where will all the investment income go. >> it will stay on the sidelines or disappear. financial mark gets go down aa well as up. that is what we're experiencing now. capital is on strike. much capital is not being created. we see it in western europe. we see it in japan. would apply the same poison here. real people are just debating. how much more burden would we put on already weak economy? david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehn
: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt britte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what you've seen do you think this is what syria is doing? >> syria is moving chemical weapons in a way they have not done before. they usually move these things around but the activities of the last 48 hours show they are up to something and the concern here is that bashar assad says if he goes down he will take the whole middle east down with him and i believe his last resort will be using chemical weans in, if in fact he is losing. the rebels in the last 48 hours gained really good ground against the assad regime and there were reports that came out of syria yesterday, two different reports said, some said he died. anoth
for president bill clinton, one that the republicans put out yesterday, and it's one that democrats roundly rejected. >> republicans' plan, on the other hand, is more of the same. not only does it balance the budget on the backs of the middle class, but voids the promise to seniors with cuts to social security and medicare all to pay for handouts to the rich. at least we know where they stand. >> republicans are willing to make sure we don't go over the cliff, but, at the same time, don't harm the economy. what has to happen, the president needs to show leadership, sit in the room, stay here, get it done. that's why there was a proposal that's reasonable, meets his criteria. >> republicans say they have put a bipartisan plan forward. it's up to the white house to come back with their next proposal. the white house and democrats are saying republicans need to be willing to raise tax rates on families earning more than $250,000 a year as a prerequisite before talking about any of these structural changes that republicans want. back to you. dennis: thank you, rich edson, and the deadlock conti
overturned. it is very similar to what erskine bowles, the former clinton chief of staff, who was the co-leader of the simpson- bowles commission, separate from that commission, mr. bowles testified before the super committee last year and testified at that time. republicans say that their current model is modeled after that offer. the simpson-bowles model has gone on lot of talk in the last two years. it is proposed on democrats in these discussions. on the revenue side, but $800 billion that they are offering, that is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. journal" iston goura live at 7:00 a.m. eastern on c- span. the greatest threat to national and e
problems. we firmly believe in this. i find it interesting that secretary clinton's last visit to the continent she expanded on that and said, yes, african solutions to african challenges but we need african solutions ss and participation in global challenges as well and that's a recognition of the evolving nature of things in africa. there are two documents that broadly guide what we do in africa, and those, i would commend -- probably most of you have probably read them. the first is the presidential policy directive for subsaharaan africa, and it is based on four pillars. the first, to promote opportunity and development. secondly. to spur economic growth, trade and investment. thirdly, to advance peace and security. and fourth, to strengthen democratic institutions. insurprisingly, we at u.s. a africa command focus on the third, building peace and security. but as a necessary precondition to achieving the other four objectives. so, again, i think it's best to think of us in, again, a supporting and enabling role. the second document that guide our principles as the defense
, but i could go back to knot the use of the filibuster but other methods of obstruction with bill clinton who reached out all the time. so i think that's the factor but a minor one. i think harry reid's use of filling the amendment tree, partly this is chicken and egg, but has been done too much and that didn't result in at least some protests and willingness of some senators on his side who might otherwise have joined in some of these filibusters to do so. it had much more to do with a concerted party strategy can which i think is the first time we have seen it. >> i think there's two separate issues. one, obstruction on nominations, and to come obstruction on -- [inaudible] it is true you see these judges and it will go 99 points. but i think it's important to remember what we are talking about. the alternative to that is to move it by unanimous consent. it's not like the house where there is about. and if a member of checks to unanimous consent because they do not want to vote, don't want to be forced to vote for a judge, they say i will have a roll call. now, the majority leader at th
. going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking about, and negotiations could continue. doing what i'm talking about does not violate what either side is fighting over. they both say this is something we want to do. why not make sure we do not have some last-minute failure at the end of december. guest: what gives you confidence that democrats would agree later on? guest: this is where i disagree with some of my colleagues. they seem to think the american people are leveraged, and this is the democrats leverage. our leverage is in the spending and entitlement issues. the president and his negotiators are smart and able people. they know the re
to clinton rates for top earners. that is nearly 40% on amounts of more than $250,000 a year. republicans have put $800 billion of unspecified tax revenue on the table but they're saying no to a tax rate increase. democrats have said no to that proposal.% in response to that a spokesman for house speaker john boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will this willingness to compromise materialize??3 now republicans and democrats say there are no major meetings planned, no summit for democrats and republicans yet to get together and talk on this. the white house says they imagine that there is some e-mail traffic going back and forth but they refuse to tell us when and where they plan on negotiating this. back to you. ashley: i bet the language in the e-mail is pretty interesting too. >> right. ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fis
, and then you have christie. and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up an
-- a return. it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility going forward. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plu
Search Results 0 to 24 of about 25 (some duplicates have been removed)